Saturna Capital Corp Has $35.49 Million Stock Position in Air Products and Chemicals, Inc. $APD

Saturna Capital Corp grew its holdings in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 5.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 122,166 shares of the basic materials company’s stock after acquiring an additional 6,175 shares during the period. Saturna Capital Corp’s holdings in Air Products and Chemicals were worth $35,488,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of APD. Vanguard Group Inc. raised its position in Air Products and Chemicals by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 22,304,678 shares of the basic materials company’s stock worth $5,509,702,000 after purchasing an additional 303,944 shares during the last quarter. Capital International Investors raised its position in shares of Air Products and Chemicals by 44.2% during the fourth quarter. Capital International Investors now owns 12,792,580 shares of the basic materials company’s stock worth $3,160,023,000 after acquiring an additional 3,922,567 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Air Products and Chemicals by 1.2% in the fourth quarter. Capital Research Global Investors now owns 11,904,537 shares of the basic materials company’s stock worth $2,940,665,000 after acquiring an additional 137,595 shares during the period. State Street Corp boosted its holdings in Air Products and Chemicals by 3.7% in the fourth quarter. State Street Corp now owns 9,911,504 shares of the basic materials company’s stock valued at $2,448,340,000 after acquiring an additional 352,012 shares during the last quarter. Finally, Dodge & Cox increased its position in Air Products and Chemicals by 2.6% during the 4th quarter. Dodge & Cox now owns 9,236,610 shares of the basic materials company’s stock valued at $2,281,627,000 after purchasing an additional 231,718 shares during the period. 81.66% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Evercore reissued an “outperform” rating and set a $342.00 price target on shares of Air Products and Chemicals in a research report on Friday, July 10th. Mizuho set a $345.00 price objective on shares of Air Products and Chemicals in a research note on Friday, May 1st. Sanford C. Bernstein lifted their target price on shares of Air Products and Chemicals from $344.00 to $345.00 and gave the stock an “outperform” rating in a research report on Friday. Royal Bank Of Canada restated an “outperform” rating and issued a $358.00 target price on shares of Air Products and Chemicals in a research note on Friday. Finally, UBS Group increased their price target on Air Products and Chemicals from $307.00 to $316.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $326.88.

Insiders Place Their Bets

In related news, CFO Melissa N. Schaeffer sold 2,714 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $303.76, for a total value of $824,404.64. Following the sale, the chief financial officer directly owned 14,212 shares in the company, valued at approximately $4,317,037.12. The trade was a 16.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.88% of the company’s stock.

Air Products and Chemicals Stock Performance

Shares of APD stock opened at $296.36 on Wednesday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.21 and a current ratio of 1.43. The firm has a market cap of $65.99 billion, a price-to-earnings ratio of 31.36, a P/E/G ratio of 2.69 and a beta of 0.73. Air Products and Chemicals, Inc. has a 52 week low of $229.11 and a 52 week high of $314.87. The firm’s 50-day simple moving average is $289.49 and its two-hundred day simple moving average is $284.69.

Air Products and Chemicals (NYSE:APD) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $3.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.06 by $0.14. Air Products and Chemicals had a net margin of 16.91% and a return on equity of 16.11%. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.07 billion. During the same quarter last year, the business posted $2.69 EPS. Air Products and Chemicals’s quarterly revenue was up 8.8% compared to the same quarter last year. Air Products and Chemicals has set its FY 2026 guidance at 13.000-13.250 EPS and its Q3 2026 guidance at 3.250-3.350 EPS. As a group, equities analysts forecast that Air Products and Chemicals, Inc. will post 13.22 earnings per share for the current year.

Air Products and Chemicals Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $1.81 per share. The ex-dividend date is Wednesday, July 1st. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. Air Products and Chemicals’s dividend payout ratio is presently 76.61%.

About Air Products and Chemicals

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.